This year reflects more than just the eternal pandemic of 2020. Real estate continued to be the topic of the day in the Hudson Valley, sparking local conversation, legislation, and sports (SNL’s hilarious film sketch on Zillow porn in February may have hit a bit too close to home).
In 2021, the pandemic-fueled home buying frenzy that began in 2020 has only accelerated. Rising home prices and record high inventories have created an even tighter market, pushing aside many potential buyers and raising concerns about affordable housing across the region. The average selling price of a single-family home in Kingston has jumped almost $ 100,000 in a single year, from $ 216,000 in 2020 to $ 312,000 in 2021, for example.